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Duplex with Two-Level Unit Mix

10 Alcott St Boston, MA 02134

10 Alcott St, Boston, MA, 02134
$1,099,000
For Sale
$1,099,000

Two-family property with a one-bedroom first-floor unit and a four-bedroom second-floor unit needing renovation.

Property Size2,313 SF
Price / SF$475.14
Days on Market70

Property Features for 10 Alcott St

General Information

Standard status
Active
Size
2,313 SF
Property subtype
Multi Family Home

Building Details

Year Built
1895
Listing agency Urban Realty
Listed by Anabela Gomes
Source Alliancepartnersre
Added: May 14 Updated: Jul 21 at 3:21PM Checked: Jul 22 at 6:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urban Realty


Investment Insights

Based on property information with market context.

This two-family duplex offers a two-level layout designed for residential income or owner-occupancy. The first-floor unit is configured as a one-bedroom, while the second-floor unit features four bedrooms, with stated potential to expand to a five-bedroom configuration. The property is described as ready for renovation, making it well suited for buyers looking to update and customize the space.

The asset is located in Allston near Harvard University, with access to shops, dining, and transportation described in the offering.

The current unit mix supports flexible occupancy and rental planning, with the larger second-floor unit providing additional bedroom upside per the renovation notes included in the remarks.

Key Highlights

  • Two‑family property built in 1895 with two separate units
  • First‑floor unit: 1‑bedroom layout
  • Second‑floor unit: 4‑bedroom layout with potential to expand to a 5‑bedroom configuration

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $87.4k $37.80
− Vacancy −$3.9k −$1.70
EGI $83.5k $36.10
− OpEx −$25.0k −$10.83
NOI $58.4k $25.27
2,313 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$835.0K
$730.6K – $974.1K (±1% cap)
NOI $58,448 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$776.2K
$679.2K – $905.6K (±1% cap)
NOI $54,337 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M (±1% cap)
NOI $121,238 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Nail Salon Food Market Hair Salon Accounting Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Kitchen & Bath Showroom Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family property with a one-bedroom first-floor unit and a four-bedroom second-floor unit needing renovation.
Where is this duplex located?
The property is located at 10 Alcott St Boston, MA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Two‑family property built in 1895 with two separate units; First‑floor unit: 1‑bedroom layout; Second‑floor unit: 4‑bedroom layout with potential to expand to a 5‑bedroom configuration
Contact an agent
More about this property
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